There is an interesting shift in dynamics taking place among marketers. Previously, most of the attention had been on engagement of target audiences, or getting people involved for the first time.
At this point, however, the focus is shifting to actually keeping people engaged, rather than furiously trying to attract new people. Why is this? Everyone is already online, for one thing. If people have chosen your company as something that they like because it suits them, it is your job to try to keep them happy. And because new competition is creeping up all the time, marketers simply want to prevent people from losing interest in what they offer.
So companies are doing interesting things in an effort to retain their consumer base. This means utilizing several of the methods that digital marketers have been using for years, but ramping them up:
- More personalized email campaigns. This is not new, but in their effort to retain customers, marketing teams are doing this more and more. Email campaigns are personalized to people’s particular preferences in an effort to reach them more effectively. This means gathering data on browsing behavior, purchase history, etc to accurately determine preferences.
Personalization is not entirely new, of course, but now that digital marketers have gotten on board with it, it is turning into an art form. Once upon a time, people would receive what were obviously form letters that would say “Dear NAME” and were obviously fake. There is increased subtlety and eloquence to the way personalization works this year. And companies are paying greater attention to data privacy rules, as we will discuss below.
- Improved segmentation strategies. Along with personalization goes increased segmentation. This means dividing customers into groups based upon logical divisions. Divisions can include demographic information, online behavior, or other logical segmentations. Once segmented, groups will receive special offers, new product announcements, and other types of information.
The big shift in segmentation strategy overall this year is based upon improved analytics. Now that companies understand how to use AI analytical tools, they are getting a much greater idea of which type of segmentation works, and which doesn’t. Simply because you live in a fancy zip code doesn’t necessarily mean that you are interested in top-of-the-line perfume, for example. Companies are sending fewer and fewer embarrassingly inappropriate mass emails (targeted ads, etc) and getting on the ball with what is right.